华铭智能(300462) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was CNY 73,734,696.81, a decrease of 9.56% compared to the same period last year[8]. - Net profit attributable to shareholders was CNY 15,228,471.81, down 44.81% year-on-year[8]. - Net profit excluding non-recurring items was CNY 14,220,660.90, a decline of 10.40% from the previous year[8]. - Basic and diluted earnings per share were both CNY 0.11, down 45.00% year-on-year[8]. - The company reported a significant increase in cash payments to suppliers, totaling approximately 45.15 million yuan, up 117.04% from the previous year[23]. - The company recorded a 48.08% decrease in cash paid for taxes, amounting to approximately 9.06 million yuan[23]. - The company reported an operating profit of ¥17,700,796.98, a decrease of 43.1% from ¥31,122,742.06 in the previous year[48]. - The company’s total profit for the period was ¥18,373,497.74, down from ¥31,641,353.17, marking a decrease of 42%[48]. Cash Flow - The net cash flow from operating activities was CNY -13,326,726.25, representing a decrease of 230.92% compared to the same period last year[8]. - Operating cash inflow for the current period was CNY 68,620,723.66, down 9.0% from CNY 75,771,222.76 in the previous period[56]. - Cash outflow from operating activities totaled CNY 81,947,449.91, an increase of 24.9% from CNY 65,591,696.54 in the previous period[56]. - Cash and cash equivalents at the end of the period decreased to CNY 26,514,707.95 from CNY 259,608,028.37 in the previous period[57]. - The company reported a net cash increase of CNY -117,426,340.22, compared to CNY -7,386,152.27 in the previous period[57]. - The cash flow from operating activities was impacted by increased payments to employees totaling CNY 19,602,421.65, up from CNY 17,656,447.37[56]. - The company’s cash flow from operating activities was significantly affected by a rise in payments for goods and services, which totaled CNY 45,149,881.93, compared to CNY 20,802,884.83 in the previous period[56]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 883,368,157.75, a slight decrease of 0.27% from the end of the previous year[8]. - Total current assets decreased slightly to CNY 773,945,427.72 from CNY 774,336,317.58, a decline of 0.05%[38]. - Total liabilities decreased to CNY 240,264,625.09 from CNY 257,796,913.96, a decline of 6.83%[39]. - Total equity increased to CNY 643,103,532.66 from CNY 627,991,976.70, a growth of 2.00%[40]. - Long-term equity investments decreased to CNY 10,985,391.39 from CNY 13,027,101.65, a decline of 15.69%[38]. - The company reported a total of CNY 764,181,442.93 in current assets, including accounts receivable of CNY 300,497,175.47[67]. Research and Development - Research and development expenses were CNY 4,403,299.18, a slight decrease of 0.40% compared to the previous year[18]. - Research and development expenses remained stable at ¥4,403,299.18, slightly down from ¥4,421,089.32[46]. Investments and Orders - As of March 31, 2019, the company had a backlog of orders amounting to 640 million yuan, with signed but unfulfilled sales orders exceeding 20 million yuan[22]. - The company has a sufficient order reserve, with a total of 66.93 million yuan in major signed orders, indicating strong future revenue potential[22]. - The company plans to issue shares to acquire 100% of Jolly Technology and raise supporting funds, with the restructuring process actively underway[26]. - The company is collaborating with high-quality foreign integrators to export standardized equipment to markets such as India and Malaysia, ensuring high overall profit margins[21]. Fund Management - The total amount of raised funds is CNY 22,303.64 million, with CNY 105.1 million invested in the current quarter[31]. - Cumulative investment of raised funds reached CNY 15,885.99 million, representing 71.2% of the total raised funds[31]. - The smart terminal equipment production line project has a cumulative investment of CNY 15,472.4 million, with 59.83% of the planned investment completed[31]. - The R&D demonstration center construction project has a cumulative investment of CNY 1,790 million, achieving 87.11% of the planned investment[31]. - The company has ensured that all raised funds are used according to regulations without any issues in disclosure[32]. Compliance and Governance - There are no violations regarding external guarantees during the reporting period[33]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[34]. - The company has not reported any significant changes in cumulative net profit compared to the same period last year[33]. - The remaining unused raised funds are stored in the company's bank special account[32].